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THE NAME OF THE COMPANY LAUNCHING ACTIVITY IN FREE ECONOMIC ZONE IN ARMENIA IS KNOWN
ARMENPRESS
22 June, 2012
YEREVAN
YEREVAN, JUNE 22, ARMENPRESS: R&D Arts Canadian Company is scheduled to
launch activities in Yerevan Mathematical Machines Research Institute's
free economic zone. Armenian Development Agency's Director General
Robert Harutyunyan noted that at the beginning of the year the Agency
has been engaged in negotiations with IT best representatives: R&D
Arts was the first to accept the proposal of free economic zone.
The company's vice-president Sergey Zotin informed that R&D Arts has
its headquarters in many countries. The company will establish its
Office in Armenia as well.
"When receiving the proposal we realized that it is quite interesting
to enter Armenian market, by the way Armenia is nearer to Europe than
to Canada" Zotin noted.
As Armenpress reports,the interlocutor added he had come to Armenia
on a mission to study the possibilities and estimate the situation.
The company has intentions to implement 2.2 US million dollar
investment and create about 25 jobs during the coming five years.
The free economic zone due to be created both in the area of " RAO
MARS" and " YMMRI" CJSC companies will have innovative technologies'
high production and export orientation in electronics, precision
engineering, pharmaceuticals and biotechnology, information technology,
alternative energy, industrial design, and telecommunications sectors.
ARMENPRESS
22 June, 2012
YEREVAN
YEREVAN, JUNE 22, ARMENPRESS: R&D Arts Canadian Company is scheduled to
launch activities in Yerevan Mathematical Machines Research Institute's
free economic zone. Armenian Development Agency's Director General
Robert Harutyunyan noted that at the beginning of the year the Agency
has been engaged in negotiations with IT best representatives: R&D
Arts was the first to accept the proposal of free economic zone.
The company's vice-president Sergey Zotin informed that R&D Arts has
its headquarters in many countries. The company will establish its
Office in Armenia as well.
"When receiving the proposal we realized that it is quite interesting
to enter Armenian market, by the way Armenia is nearer to Europe than
to Canada" Zotin noted.
As Armenpress reports,the interlocutor added he had come to Armenia
on a mission to study the possibilities and estimate the situation.
The company has intentions to implement 2.2 US million dollar
investment and create about 25 jobs during the coming five years.
The free economic zone due to be created both in the area of " RAO
MARS" and " YMMRI" CJSC companies will have innovative technologies'
high production and export orientation in electronics, precision
engineering, pharmaceuticals and biotechnology, information technology,
alternative energy, industrial design, and telecommunications sectors.